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. [ sniffles ] ♪ >> harris: breaking news now on the fox report and the pentagon confirming to fox news that retired general norman schwarzkopf has died. he commanded the coalition that pushed saddam hussein's forces out of kuwait in 1991. bob scales on the phone with us now. general scales you wrote a book called certain victory and you have a lot of knowledge of the history of the iraq war but personal knowledge with this man. you call him truly the first great american hero after vietnam. your thoughts? >> that is exactly right, harris. remember, i come from the same generation as general schwarzkopf and the vector was the vindication of my generation report vietnam generation because it was our first great military victory after defeat in vietnam and he took that personally. i knew general schwarzkopf well, going back to his time as a major in the pentagon. he also carried in his sack this rock that had the sigma that went with the defeat in vietnam. when defeated the iraqi military in the plains of iraq, when was able to do that one of the first things he said at the truce tent was
that the pentagon says. but is it? chris lawrence has a closer look. >> reporter: to hear the pentagon tell it -- >> sequestration, therefore if it were allowed to happen, will introduce senseless chaos. >> the fiscal cliff -- >> sequestration will have a chaotic effect on the force. >> reporter: is akin to armaggedon. >> i worry about being blindsided by a huge cut because they don't have the strength or courage or guts to do what they have to do. >> happy holidays. >> reporter: the cliff would cut $500 billion in defense spending, but spread out over the next ten years. would these cuts really be that bad? >> absolutely not. >> reporter: analyst ben freeman argues the pentagon can survive on a smaller budget. >> it will drop a little bit. but not catastrophic, doomsday, any sort of hyperbole. >> reporter: perhaps the navy would have to buy less expensive, less advanced fighter jets instead of the new f-35. or the pentagon would have to cut the number of soldiers and marines back to the numbers before 9/11. >> sequestration would risk hollowing out our force. >> reporter: pentagon official
action. our pentagon correspondent barbara starr interviewed one of the moms whose child was alle allegedly mistreated. >> all along this first week when we were being given peace meal information, denied access to videotapes, we were being asked if we wanted to seek medical care for our child. for what, obviously. we wanted to understand and see with our own eyes since that evidence was available. >> barbara starr joins me now from washington. good morning, great to see you. when a terrible story. curious to know, how was this able to go on for so long with nobody blowing the whistle on it? >> this is really the question. let's start with the point that this young mother doesn't want her face shown because she doesn't want her children identified. one is the subject of abuse. she doesn't want her husband to be subject to retaliation. that's the climate we're talking about here. the actual abuse, the allegations, all happened back in september. but that phone call from president obama didn't come until december 14th because the leadership at the pentagon didn't know anything about
center. >> this happened to military families a stone's throw away from the pentagon. if it could happen here, it could happen any high where. >> reporter: this military wife and other of two doesn't want her face shown. cnn has also agreed not to show her children's faces or identify them by age. >> obviously, barbara, i am concerned about the privacy of my children. and then there's always the possibility of retaliation against my husband. >> reporter: it's every parent's nightmare. finding out her toddler was physically assaulted by child care workers at the ft. myer army day care center. the scandal grew to the point if the obama made an unprecedented phone call to army secretary john mac cue to express his concern. according to this fbi affidavit, this little boy and others were punched and slapped. one child was dragged across the floor. >> we thought, of all the different options, putting them in a child care facility during the day that was on a military base, that was pretty well-staffed, would be the safest, most secure environment for them. >> reporter: it all began back on se
will reach its limit on borrowing unless congress acts. it only delays large cost the pentagon and other government programs. in march we may see another round of fighting. president says he hopes congress can get a deal done with a little less trauma. >> another blow in the effort to get aid areas -- aid to areas devastated by hurricane sandy. back on friday, the senate approved more than $60 billion measure to help recover is on the storm. house appropriations committee drafted a smaller $27 billion measure and the vote has been expected before congress's term ends thursday. >> secretary of state hillary clinton spent the first night of 2013 in a hospital, recovering from a blood clot. they are using blood thinners to break up the clots behind the right year. the plot-- the clot was discovered during a follow-up exam for concussions she sustained last month. it is not clear when she will leave the hospital. >> two men accused of brutally beating a d.c. man are back in court again today. they are scheduled to attend a status hearing. they faced aggravated assault and other charges and t
. he does not have the experience to manage a very large organization like the pentagon. and we've actually had-- i think leon pa98 has done a wonderful job. i supported his nomination. he did have a lot of experience prior to coming here. and if there's a place we need great management, it's the pentagon, and a great manager. >> o'donnell: senators coburn and durbin, good luck today. >> thank you. >> o'donnell: a busy day this sunday. >> we actually had breakfast together. >> o'donnell: i think the american people wish you luck, too, with your gang of eight. we'll be right back. for an idea. a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea an
.2 trillion of cuts they live with. now mhalf are directed at the pentagon but the dramatic across the board cuts can be offset by raising taxes on the rich. >> if we have raised revenue by the wealthy paying more that is sufficient to turn off the sectsec quest tore the automatic cuts. >> senator graham told me he thinks it is possible to find 600 billion cuts elsewhere to suspend for a decade but a bipartisan agreement probably can't be reached until february or march. peter doocy, fox news. >>> 17 after the hour. still ahead is one of your new year's resolutions to save money or pay down your debt? personal finance expert vera gibbons is here with financial help for the new year. >> asking you what you thought were the biggest stories in hollywood this year. your answers are coming up. >> welcome back. 20 minutes after the top of the hour. with all eyes focused on the fiscal cliff president obama has quietly extended the warrantless wire tap law for five more years. the surveillance act let's the government monitor overseas phone calls and e-mails without a court order. it does not apply
is ongoing, on december 28 this year, the pentagon renewed its formal threats against us in relation to ongoing publishing, but also extremely seriously in relation to ongoing, what they call, solicitation. that is asking sources publicly , send us important material and we will publish it. they say that itself is a crime. this is not simply a case about we received some information back in 2010 and have been publishing it, and they say that was the crime. the pentagon is maintaining a line that wikileaks inherently as an institution held military and government whistleblowers to come forward with this information as a crime. >> talk more, michael ratner, about the emails of stratford. >> as you have covered on the show before, they had a lot of important information about surveillance of everybody from peta to the yesmen, to u.s. government agencies. it puts out a regular intelligence newsletter. it does not work for private clients by major corporations, etc.. one of the things that came out and the stratfor emails are listed people who apparently are subscribers to the newsletter,
in cuts. how will this affect the nation's defense contracts? >> the pentagon will face $2 billion over nine years, that works out to $55 billion year cut starting in 2013. the army, navy, air force, marines and coast guard take equal, according to one military analyst who says the impact of the military is, quote, very serious. >> the pentagon and departments are in financial trouble because there has already been a 4 ebullient dollar cut. that is being applied, to take another cut on top of that is devastating. >> it is not just the military itself that will take a hit. defense contractors, private companies that work for the pentagon. one democratic congressman in virginia whose district may be hit hardest says it could mean layoffs. >> the large defense contractors will be okay. they have significant cash reserves, most of them. smaller contractors would have trouble getting their lines of credit extended, trouble keeping their employees if they can't be assured of continued employment. >> how did we get to this point? in the budget battles of 2011 these spending cuts were put in as
about the pentagon. talk about federal workers. talk about obviously the unemploy unemployed whose benefits are going away. >> absolutely. the biggest -- the most dangerous thing, the fiscal cliff is the unemployment insurance. if we go over for a month we can sort of trick everything else. we can -- the irs can do some tricks to make it so you don't feel tax increases quickly. we can do tricks to make it so we don't lay off people at pentagon, we can furlough them. there's no trick with unemployment insurance. if we go over the cliff and don't do anything by unemployment insurance, 2 million people, hardest hit by the recession, will lose their unemployment insurance. that's number one. we're going to have the payroll tax cut expire, that's probably going to happen if we do reach a deal, that's one of the most important pieces of stimulative policy. the same said for refundable tax credits, helps poor folks. the same with the child tax credit. these have been really important for the working poor. you're going to see very, very big cuts to the government over time. we could paper
the wall street journal, or the pentagon indicated they wanted to maintain 6000 to 15th thousand u.s. troops following 2014. that is the issue under discussion now. there's approximately around 340 0,000 afghan security forces in place, including the police. the pentagon recently indicated i don't believe there was a major unit capable of operating independently from nato support. there was some manipulation of the metrics they were using where the things appear to be making more progress than perhaps they were. that came out in a white paper. what will be the long term success or failure of the afghan national security forces is yet to be determined. they need about $4.1 billion a year to continue at that level, which is more than the entire government revenues in afghanistan. so it's gone to take a long-term commitment of foreign powers to maintain that size of armed forces. the afghans have proven that they are excellent fighters. the question is will they be excellent soldiers for the government of afghanistan? host: one other question, how stable do you think the karzai govern
smith new hampshire. the pentagon, for reasons that i do not start to understand, still say they do not want new york city to hold a parade. new york city is where we've always done this. new york did throw one ticker tape parade for the new york giants and at their parade the football parade, we met the willis family. they brought a picture of her son and a huge giants fan. sergeant willis sent a message before the big game. >> i'm from new york. i want to say hi to my family and go big blue. >> his mom said she promised she would go to the parade if the giants won and she would bring his picture. the giants won and new york held the parade and glenda kept her promise. she said it would be compassionate to have a parade for her son and daughter in new york. tonight, there's still no parade in the works for new york city to welcome home the troops and mark the end of the iraq war. i can tell you that sergeant willis is home from iraq and afghanistan and he and his family are here with us watching the show in this very room. welcome home. look, you're on tv. it's really cool to have
part of some last-second deal. hit the defense department. but the pentagon's real problem is not those cuts, but the ones that are going to be coming over the next decade. we talked to military contractors, top officials at the pentagon. they see a long period of downward decline. that after the war in afghanistan, there's going to be a period of austerity. they're calling it -- they have a term around the pentagon, a very graphic self-amputation as they cut back over the years. and this was one of the reasons that president obama had, at the top of his short list, the former republican senator, still a republican, chuck hagel of nebraska. he's somebody who's talked about the pentagon as being bloated, had very specific ideas about how to cut it. but mike, sam, the table, we're hearing that that trial balloon has been popped. that senator hagel has a possibility for secretary of defense, has really lost a lot of altitude. and what they discovered was, there's not a natural constituency for him. republicans, as you guys know, have fought with him over the years. he was against the war i
and exchanges. >>> a bus bomb targeting. we are live from the pentagon with details. >>> his time has come again, a man from the '60s is getting a start again, lester chambers joins us back. >>> welcome back to "starting point." we've been talking about the blizzard and storm warnings from the deep south all the way to new england. we'll look at seymour, indiana, lexi sheen has drawn the short straw, she's from wlky and getting hammered. >> reporter: that's right, drew. things have calmed down. let me give you a look behind me. you can't see the tire tracks from where we came in 5:30 but the roadways are snow covered, two, two and a half inches have fallen since 4:00 this morning. we barely missed having a white christmas in seymour, indiana. indiana state police are advisi advising people to stay off the roads. they are urging everyone to stay home if it is at all possible and kind of a good day to do that. we were pointing out earlier this is the good snow, the stuff the kids like to play with, snowballs, snowmen, all of that good stuff but it is still dangerous. the roadway is slippery, slush
, the massive amount of spending cuts that will kick in at the beginning of the year to harm the pentagon and other agencies. if they are getting anything, there are low expectations but if they get anything it will be a very small deal, something much smaller than they have been talking about for weeks, jon. jon: there aren't too many people these meetings. so a little hard to get an assessment, what is your idea, what is your best, yeah, assessment i guess how things are between some of these leaders? >> reporter: they have gotten pretty tense the last couple of days as they have come back from the christmas holiday. we saw yesterday senate majority leader harry reid basically accusing john boehner of running a deck tate toreship, that was his word in the house of representatives. reid piled on a little bit late yesterday afternoon and senate republican leader mitch mcconnell responded. take a listen. >> speaker boehner should call members of the house back to washington today. he shouldn't have let them two in fact. they're not here. they're not here. john boehner seeps to care more ab
their budgets cut, depending whether it the pentagon or other agencies. the agencies can try to shield some programs for others. social security benefits are not going to be cut. the pay for pentagon officials is not going to be cut. if this drags on into march or april, they will have to do furloughs, is essentially giving people vacations. host: the headline from "the wall street journal." is that one way to do that? guest: that is a painful way to do that. when people do not have money to spend, the economy is not going to grow. if this goes on for a couple of days and the stock market falls dramatically, congress and the white house may be able to avoid some of the long-term consequences. if everybody digs end, more disasters things could take hold. host: the president, vice president, speaker of the house, democratic leader of the house, will be meeting today. from the reporting you have done, what will be happening? guest: they could sit down and cut a deal in five minutes. they know all the issues. they know where their parties are. they could sit down in five minutes, shaking hands,
for the pentagon. defense cuts are coming in a big way. a look at world currencies and how they are holding up against the dollar. ♪ [ malennouncer ] it's tt me of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. starsaving at citi.com/pricerewind. dagen: more good news for recovering the housing market. home prices in the 20 city index grew 4.3% from a year ago. chicago, new york were the only two cities with negative returns and october. starbucks urging washington to come together on the fiscal cliff. literally. the ceo is building employees that all d.c. area employees should write things on the cops. they want to serve as a rallying cry. of course, that is also a marketing ploy. you can get there from here
it would have especially hit the pentagon those have been delayed for at least two months. so it's something that they are going to have to tackle again. the other big problem what it does to the deficit more than 4 trillion of added debt that had a -- had many republicans voting against it. >> that is going to be huge debate over raising the nation's debt ceiling the president will push for an automatic increase in that. they will want to extract something in the way of spending cuts. we have been through this before. because republicans didn't get much of anything in spending cuts and the deal last night they will look for big ones in the debt ceiling negotiation. >> we hit the december ceiling november 21st but they put in emergency measures. what can you tell us about those measures? >> we know there are accounting gimmicks they can use to extend this. they can buy maybe a couple a month. they can negotiate the deal the president wanted to have some kind af debt ceiling raised as part of the agreement. this was kicked down the road. it is something in the way of spending cut
. the pentagon says there have been at least 154 suicides among active-duty troops through last thursday. a rate of nearly one each day. >> every day in this country, 18 veterans are committing suicide. 17% of the individuals in combat in afghanistan -- my brothers and sisters -- are on psychotropic medication. >> president obama announces the ministers and most of deporting hundreds of thousands of undocumented you whose parents brought them to the nine states. >> these were young people who studied in our schools, play in our neighborhoods, they are friends with our kids. they pledge allegiance to our flag. they are americans in their heart, in their minds, in every single way but one, on paper. now let's be clear, this is not amnesty, this is not immunity. this is not a path to citizenship. it is not a permanent fix. this is a temporary stopgap measure. >> biking as far redefined immigrants might movement in this country. we are taking a lead now. now we are unstoppable. i think our responsibilities to our community, to our parents, to the adults, is to continue that work, to look for permane
at the pentagon and domestic programs that were set to take effect today. >> i've said all along our most important priority was to protect the middle class families. this legislation does that. middle class families will wake up today to the assurance that their taxes won't go up. >> reporter: democratic senator tom harkin suggested the selection missed the mark. >> it does not address the number one priority, creating good middle class jobs now. secondly, this proposal does not generate the revenue necessary for the country to meet its needs. >> reporter: republican senate minority leader mitch mcconnell says neather side got everything it wanted. >> so it took an imperfect solution to prevent our constituents from a very real financial pain, but in my view, it was worth the effort. >> reporter: the republican- controlled house is expected to begin considering the bill later today. a final vote is expected in the next day or two. passage is not at all certain. in new york, patty ann brown, fox news. >> why do you think lawmakers waited until the last minute? we are getting a lot of feed
the pentagon. what did she tell you? >> reporter: well, this really is a heart breaking case. you know, i just have to put it in perspective, a military installation, a child care facility, a stone's throw from where i am standing at the pentagon, it would take me just a few minutes to walk across the road to this child care operation. a mother who has now learned that her young toddler was one of the victims of this alleged child abuse decided to speak out about it. she wanted her face shielded, she wants her children's privacy protected. she still worries about retaliation against her husband, by the military, but she tells us a chilling tale. >> all along this first week when we were being sort of given piecemeal information, denied access to the videotapes, we were also being asked if we wanted to seek medical care for our child. so -- >> medical care for what? >> for what, obviously. we wanted to understand and see with our own eyes since that evidence was available. >> barbara, it took a long time for the information to come out. why? and what steps is the department taking, the defense
. that became more and more until the publication of "the pentagon papers." that was a gradual growth come a difference, between the media the new york times" and the administration, and that continues until the state. there is an oscillation between the administration and "the times" depending on the administration. that difference opened up cordially there, and it continued to. the skepticism to the vietnam war, and watergate, which is mostly "washington post" storage, increased trade gradually we have what we have today, an adversarial right fox, adversarial left, msnbc, and cnn, which is trying to be "the new york times," when nobody wants to see a non- adversarial. "the times" is a two-section newspaper, a term that "the times" does not like any more. the editor -- when you use in it, they get a little bit squeamish. some of you i should probably it, one of my sources -- took a great deal of reading the, and interviews. "the times" is generous in giving me access, letting the interview them. mostly, i got this through approaching them and asking them, and one led to the other. approa
.s. ambassador and three other americans were killed. our pentagon correspondent chris lawrence is joining us now with the findings. >> this new report spreads the blame for that attack. blaming intel, state, even the pentagon to some degree, saying there was no plan in place to rescue americans there. a new senate report says the state department should have shut down the benghazi mission before the attack that killed four americans. it chastised officials for relying on local militia to guard the front gate. >> the terrorists essentially walked into the compound, virtually unimpeded. >> senators say the state department missed plenty of red flags. a rocket propelled glen nate hit the red cross in may. a bomb exploded in june. another rpg hit the british ambassador's convoy, prompting the uk to close its mission. senators questioned how much more the state department needed to see before officials realized they didn't have enough security. >> we've got to close this facility because we can't protect american personnel in benghazi. >> reporter: the report also condemned communication failures. li
cuts kicking in. especially for defense. right now, the pentagon's looking at something in the neighborhood of a $55 billion cut in 2013, about 10% of its programs, and specifically, the "wall street journal," among others, reporting that the pentagon is making contingency plans to notify 800,000 civilian employees about possible furloughs. so this is front and center right now. and among those also sounding the alarm, senator lindsey graham after getting a call from defense secretary leon panetta over the weekend. >> last night at 7:30 during dinner, he said, lindsey, i'm told there's not going to be anything in this deal to avoid sequestration going into effect. >> there you have it in a nutshell. again, number one, we are getting hopefully a little more optimistic about either a short-term patchwork deal, setting the table for something bigger after the first of the year. but again, we've been talking primarily just on the tax side of the equation, the issue for the pentagon, the defense industry, and frankly, a whole lot of civilian employees, what about the sequeste
from the white house on this. here is former pentagon adviser michael rubin. >> thanks for having me, michelle. >> what should the white house do in response to this? >> ultimately, what with will have to be inspected and considered is the whole nature of the reset policy. if we trace the beginnings of this crisis back it actually started with the white house reaching out to vladimir putin to russia in supporting russia's accession to the world trade organization. the amendment which had govern the a lot of u.s.-russian/soviet relations going back to the 1970s had to be replaced. it was replaced in congress by the act which set russia's worst human viets violators there should be consequences when it comes to getting visas. vladimir mute indecided to lash out to the united states by pointing a figurative rifle at the head of russia's orphans. >> we improve russia's trade relation with us, officially and then he gets upset because buried within there is a little clause that says, as you point out, the worst human rights violators should have trouble getting into the united states. how
americans who served and sacrificed. this week the pentagon released the names of two service members killed in afghanistan. we also want to honor in sunday the man president george herbert walker bush called a true american patriot and one of the great military leaders of his generation, general norman schwartz cop who led u.s. forces in victory in the persian gulf war passed away this week at the age of 78. you can see our interview with norman swars cop from "this week" during the 1991 invasion from iraq on our website at abcnews.com/thisweek. when we return, how concerned are wall street and the world markets as we count down to the cliff? the answer when this special edition of "this week" returns. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf,
game is down right nasty. >>> tributes from the pentagon, white house, and gulf war buddies after the passing of stormin general norman schwarzkopf. and teachers learning how to shoot in case a gunman walks into their classroom. the man offering lessons were free. "starting point" begins right now. friday, december 28th. and our starting point, the pace in's economy and your take home pay on the chopping block. four days remain before the u.s. goes over the edge. that means tax hikes and spending cuts that could trigger another recession. congressional leaders will meet today at 3:00 p.m. eastern time. the full house not even expected to return to work until sunday. here is the guest list for today's showdown. the president, vice president biden, senate majority leader harry reid and house minority leader nancy pelosi on the democratic side. house speaker john boehner, mitch mcconnell representing the republicans. brianna keilar live from washington. what do we expect to happen today? any new offers from the president or house speaker? >> we don't know. right now, all eyes on the
the impact on the military overall will be, quote, very serious. >> the pentagon and the departments are already in financial trouble, because there has already been a $480 billion cut that is being applied right now as we speak. to take another cut on top of that is devastating. >> reporter: it's not just the military itself that will take a hit, also the defense industry, defense contractors, private companies that do work for the pentagon. one democratic congressman in northern virginia whose district maybe hit the hardest by all of this says it could mean layoffs. >> the large defense contractors will probably be okay, they have significant cash reserves, most of them. the smaller contractors would have trouble getting their lines of credit extended, trouble keeping their employees, if they can't be assured of continued employment. >> reporter: congressman moran says if we go over the cliff, which he thinks we will, then the impact and severity of the automatic defense spending cuts depend how long they are in place into the new year before congress finally fixes this fiscal clif
. the report also faults the pentagon and the white house. it criticizes the obama administration for being inconsistent in explanations regarding what led to the attack, initially blame ago video, not terrorism. >>> san diego police officer is seriously injured when a suspected drunk driver slams right into his cop car. police say the suspect was speeding when he ran a red light, t boning the cruiser. took 45 minutes for crews to pry the officer out of his car. he is expected to be okay. the suspect was not seriously hurt, but he was arrested on suspicion of drunk driving. >>> kanye west kind of letting the cat out of the bag a little. listen. >> make some noise. >> juliet: i have no idea what he said. >> clayton: i don't either. >> juliet: then there was static. but apparently he said that his girlfriend, kim kardashian, is pregnantgo. he made the big announcement during a concert in atlantic city last night. sources say she had no idea he was going to spill the beans! oops, i hope the family knows. up 'til now, the family had denied pregnancy rumors. so congratulations to them. and we're
automatic, across-the-board spending cuts to the pentagon and domestic spending. we are getting your take on that this morning with our coverage on a "washington journal." here is what the majority leader harry reid had to say earlier this morning before the vote. >> working through the night and throughout the day, we have reached a deal with senator mcconnell to avert tax increases on middle class americans. i have said all along to our most important priority is to protect middle-class families. this legislation does that. middle-class families will wake up to date to the assurance that their taxes will not go up -- today to the assurance that the taxes will not go up $2,200 each. they will have the certainty to pay for groceries and car payments on next year. legislation protects 2 million americans lost their jobs during the great recession, losing their unemployment insurance. i'm disappointed that we were not able to make a grand bargain as we have for so long, but we tried. host: here is the headline in "the washington times." -- late into new year's eve, the criticism from the le
who are very upset with the cuts that would hit the pentagon. it may be difficult to rally republican votes of the cannot turn off the sequester. on the democratic side, the estate tax could be a problem. the republicans are insistent that the estate tax stay at current levels, which is exempting the state of $55 million at a relatively late 35% above that level. many democrats would like to see -- in january it is expected to come -- taxes are expected to go up dramatically. as small as $1 million would be taxed. most democrats want to see something in the metal. they are adamant that we cannot exempt states as large as $5 million. that could be another sticking point. >> do we expect anything going on today? if not, what is the earliest of the senators will come back in for session tomorrow? caller: i think the senate is due back in at 1:00. the house is due at 6:30. the house is the big question mark here. it is very difficult to imagine what could pass the house. as for today, that is an excellent question. the senate is not in here the house is not an. my understanding as we are
the earlier chapters and transciten for the later chapters. he really knocked himself out. >> did the pentagon have review? >> no, didn't have fop once i'm retired from active due any i don't have to submit it to the pentagon unless i use classified information. so i avoided using any classified information but a lot of stuff was declassified right after the war. a lot of stuff was a matter of public record. so i had a great deal of material. the best thing i had was this, any war i ever fought most of instructions were sent by message back and forth. so you have hard copy record of every decision made. because of where we are today most of the orders and instructions are seventh back and forth by secured telephone. it became apparent that we're not going have a record of the decisions made unless we have a record ourselves. any time i had a conversation i wrote down what i said and what is being said to me. i had someone in there who would write down every time i made a decision and he would log it into a private journal that we kept of every decision that was happening during the war. if it
that preparation before running into the pentagon and he has done a is he person job. very tough job. even he said that we face some dire devastating times ahead if sequestration goes ahead. chuck hagel seems to think that we can cut, quote, more the bloat out of the pentagon. there probably is some over there. but you need to understand the system right, given of the republican opposition i don't know that the president gets a lot of credit for bipartisanship. more likely the cuts that they agree on. lt. colonel bob maginnis thanks so much we appreciate it. >> thanks, dave. >> small businesses set to take big hits in 2013. that could take an effect on your wallet. we'll explain next. my pet chicken just saved my life. how this hero bird came to the rescue of an entire family. and that's not even the coolest part of this story. i'm sticking around. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because offers a superior level of protection, and because usaa's commitment to serve
as part of this, but we do have to have cuts. the pentagon's got to be part of that, and health care, this is where it's tough for the democrats. health care has to be part of this. that's not medicare benefit cuts. there's a lot of things we can do to deal with the high cost of health care in this country that goes up two or three times the rate of inflation, so having prescription drug price negotiations, that would save $160 billion, moving away from fee for service to more of a performance based system, things that we can make progress on that allow the american people to have access to health care but have it be affordable and sustainable but that's tough. >> all of the low hanging fruit is gone. if it were easy to do congress would have done it by now. >> that's right. >> so -- go ahead. >> it's true. the things that lay ahead that are really a challenge, largely is health care because that cost in the whole economy not just medicare is going up faster than we can afford. that's really the bottom line so how do we reform our health care system and bring the cost in line so it's
with the sequester? where are we on the pentagon cuts? >> nobody wants those pentagon cuts, including the president of the united states. there may be some on the left who would favor that. but that's not a dominant position. that's not where the political center of gravity is in the country. i think it's very likely that those sequester cuts are going to be turned off. now, remember the sequester, $1.2 trillion over the next nine years. that's a little over $100 billion a year. so half of that is defense, half of that is discretionary. the kick the can mini deal solution that we're talking about would identify some subset of spending cuts that would be the lowest hanging fruit still available that might turn off the sequester, or they could just turn off the trigger all together. the sequester exists because of a law passed by congress, another law passed by congress could change it. >> good to see you, john. thanks for the update. >> mastercard spending pulse saying it's the lowest level of 2008. high end is one of the areas getting hit hard. tom is managing director at the tellsee advisory group
-the-board spending cuts set to start striking the pentagon and domestic agencies this week. so what do you think about the sequester? does it just kind of -- i don't want to use this phrase, but kick the can down the road? want after two months? >> we probably do this again. i'm not really sure why it's there. i'm not -- i don't understand who it's there to keep happy, who asked for the sequester delay. if it was the democrats, that's one thing, if it was the republicans, that's another. the house had a good plan to replace those sequester cuts with other, better cuts. so the sequester's going to be a big problem over here for those of us who are interested in reducing spending. heather: so i want to talk about whether this will, in fact, come up in the house today when they convene, i think it is noon unless that's changed. the house has informally operated under the hastert rule. basically, house gopers similarly will -- simply will not bring up a bill that does not have the majority party in the favor. even if it could pass with a colegislation of some of the members -- coalition of some of t
over its price. but lockheed and the pentagon have come to terms to buy another round of the jets for nearly $4 billion. morgan stanley calls the f-35 the single most important investment debate over lockheed stock. second, cash will be king. as defense spending slows, analysts say many defense companies will reduce share buyback programs and conservative capital. and look to international customers to make up for lost business at home. third, it's a bird, it's a plane, it's big brother. as criticism rises over the use of drone strikes by the obama administration, look to see companies launching drone war at home for deals to build unmanned aircraft for domestic use. the faa says there could be 30,000 uavs in u.s. skies by 2020. the teal group says domestic drones could be worth $89 billion over ten years, as everyone from homeland security to tmz wants permission to use them. >>> let's get some more insight on the defense skprkt how to play it as the fiscal cliff deadline grows closer. howard rubel is with jeffries. great to speak with you. and i guess key to understanding the im
, it is not a philanthropic act on the pentagon's part to instruct boeing to build. -- to build in the deficit areas of the u.s. it is pragmatic. the united states federal government -- unless europe is dollarized, unless they do not have dollars to spend purchasing -- unless those who do not have dollars are given dollars to spend purchasing, the net exports of those who have surpluses, then they will stop having surplus. this is the surplus recycling mechanism. thus, we have the 20 years of the golden age. the 1950's and the 1960's. a period of immense stability very low inflation. very low unemployment. universal growth. we had other problems. the lease from the macroeconomic point of view, it was a golden age. why did it end? because the global surplus of recycling mechanism could no longer be sustained. why? because the united states stopped having a surplus by the end of the 1960's. how can you recycle surplus if you cannot have it. -- if you do not have it? enter a young turk in 1971. actually, he was the american, but you know what i mean. well, paul volcker -- that name may ring a bell. in 1971, pau
at the pentagon. barba barbara, a great guy, but really great in front of the camera and able to use visuals of the first war to really explain to the american people what was going on. >> well, explain to the american people, and he also knew that saddam hussein and his iraqi generals were watching those press briefings. president obama today remembering norman schwarzkopf as an american original. a limited mission, get the iraqis out of kuwait, get the war done, go home. and he accomplish thad in des rt storm, commanding more than 700,000 coalition forces, more than 500,000 americans and an air and grown campaign that lasted barely 100 hours, and then it was done. his own chief, former president george h.w. bush, issuing a statement from his hospital bed in houston, saying "general norm schwarz cough, to me, epit to mized the duty, service, country creed that has defended our k e freedom and seen this nation through our most trying international crises, and more than that, he was a good and decent man." that from former president george h.w. bush. he is remembered for his fiery temper, bu
morning to you. very light ride this morning. looking at 395 and the pentagon. if your troubles take you towards the beltway at 395, light volume. and from the beltway looking at 95 and the prince william parkway again, travel lanes are open northbound and southbound. not really any problems or delays. 495 at river road. again, really good. light volume. your travels so far mafbing well enough for speed. and that is a look at your fox 5 on time traffic. >> thank you very much. looks like the karsashian clan will be getting bigger. that's because kanye west announcing his girlfriend kim karsashian is pregnant. that's right. she's having a baby . revealing the big news during his concert and the reveal was caught on tape. take a listen. >> ♪ >> make some noise for my baby mama. >> did he just call her baby mama? that's classy. >> that's how he makes his announcement. sarah, you sound so excited. >> i mean come on. baby mama. >> this will be the couple's first child. they've been dating since march. neither reps for either side have responded to the news. but reports kim is 12 weeks pre
, so do have the debt ceiling fight coming up. when you say that it faces and, you expect the pentagon to say we would just hold everything? certainly years, serving months ahead of time. they have to plan on how many people to have in their workforce -- in the force, recruiting. you cannot turn on a dime, like a huge oil tanker. >> john, we will focus on folks that we did not know who are here. we will come right back. don't go away. take five minutes. >> this is just -- >> we saw senators mccain and 11 decide they will come back in a couple of minutes. as we wait, back to something that took place earlier this morning outside the capital. -- the capitol. >> i want to thank you for being here to call on house republicans not to drop the ball on the middle-class. also for the house to show up for work, right? the president is down at the white house, senator harkin and his colleagues are here. they are out on a paid vacation right now. boehner walked out of the allegations with the present and then he walked out of the house and tell all members to go home while we are four days away f
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